mexico

Mexico is a country between the U.S. and Central America that's known for its Pacific and Gulf of Mexico beaches and its diverse landscape of mountains, deserts and jungles. Ancient ruins such as Teotihuacán and the Mayan city of Chichén Itzá are scattered throughout the country, as are Spanish colonial-era towns. In capital Mexico City, upscale shops, renowned museums and gourmet restaurants cater to modern life.

Santander, Billionaire Salinas Express Interest in Citibanamex Acquisition
Santander, Billionaire Salinas Express Interest in Citibanamex Acquisition
January 12, 2022  |  Acquisitions

Banco Santander SA and billionaire Ricardo Salinas are all among the players considering acquiring Citibanamex, Citigroup’s Mexican retail banking business.  Salinas’ comments, made on Twitter...

READ MORE >
Bank of Mexico Aims for 2024 CBDC Launch 
Bank of Mexico Aims for 2024 CBDC Launch 
January 03, 2022  |  CBDC

The Bank of Mexico wants to have its own digital currency circulating sometime in the next two years, in an effort to foster financial inclusion...

READ MORE >
Buy Now, Pay Later Becoming a Pathway to Mainstream Banking in Mexico
Buy Now, Pay Later Becoming a Pathway to Mainstream Banking in Mexico
December 20, 2021  |  Buy Now Pay Later

Aside from the pure convenience they offer, most buy now, pay later (BNPL) operators position themselves as a way for consumers to make a payment...

READ MORE >
Mexican BNPL Platform Kueski Snags $202M
Mexican BNPL Platform Kueski Snags $202M
December 02, 2021  |  Investments

Mexican buy now, pay later (BNPL) firm Kueski on Thursday (Dec. 2) announced it had completed a $200 million equity and debt fundraising round that...

READ MORE >
Aplazo Raises $27M in Series A Funding for Mexico BNPL Growth 
Aplazo Raises $27M in Series A Funding for Mexico BNPL Growth 
November 16, 2021  |  Investments

Mexican omnichannel buy now, pay later (BNPL) platform Aplazo on Tuesday (Nov. 16) announced it’s raked in $27 million in Series A funding, four months...

READ MORE >
China’s Whale Cloud Teams With Mexico’s Toka FinTech to Develop Payment App
China’s Whale Cloud Teams With Mexico’s Toka FinTech to Develop Payment App
November 10, 2021  |  B2B Payments

China-based Whale Cloud, which provides telecommunications software solutions, has partnered with Toka Fintech, based in Mexico, to develop a new digital payment app with Alipay+...

READ MORE >
Argentinian FinTech Uala Buys ABC Capital for Ongoing Expansion
Argentinian FinTech Uala Buys ABC Capital for Ongoing Expansion
November 03, 2021  |  Partnerships / Acquisitions

Ualá, an Argentine financial services firm, has reached an agreement to buy ABC Capital, a Mexican bank, which will allow it to boost expansion and...

READ MORE >
Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments
Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments
October 25, 2021  |  Payment Methods

In just two years, Latin American debit and credit card use rates have essentially swapped their market share positions.  In 2019, roughly 60% of the...

READ MORE >
Revolut Moves Into Mexico With Appointment of CEO Juan Miguel Guerra 
Revolut Moves Into Mexico With Appointment of CEO Juan Miguel Guerra 
October 22, 2021  |  Digital-First Banking

U.K. FinTech super app Revolut is expanding into Mexico and the Latin American market and named Juan Miguel Guerra CEO to build and lead its...

READ MORE >